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for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at >>> a good saturday afternoon. i'm craig melvin. you are watching msnbc, the place for politics. 24 days to the cliff. what's it going to take to keep the government on track and keep the nation from going off the rails? we'll talk about that. plus, the push for marriage equality could get a huge lift from the high court. we'll examine what's next for those who want to see same-sex marriage become the law of the land. meanwhile, in egypt, they are just trying to get a functioning government off the ground. we'll go live to cairo where along with tear gas the words in the air today are martial law. >>> first, though, some developing news from south africa where nelson mandela is in the hospital right now. the former president is undergoing medical tests. that's according to the government. these tests have been planned for
have been -- has been to use the middle class tax cuts as leverage to try and extract these super big tax breaks for very wealthy individuals, including now their focus on trying to get 7,200 estates, an average tax break of 1.2 million. this is the top fraction of 1% of the super wealthiest estates, inheritance taxes in the country. they apparently want to put more silver spoons in more people's mouths and provide this big break. again, the sorry part of the story is they're using the middle class to extract these concessions for very wealthy individuals. >> at this late hour, are we going to be dealing with that level of negotiation? is it more the big picture stuff? for example, what would the number be in terms of whose rate would stay the same, whose would go up, $250,000, $400,000, $500,000. are we looking at bigger generalities if we're going to get this done in the next 30 hours? >> that's certainly part of it, where the threshold would be. but this estate tax represents about $140 billion. that's not a trivial amount. republicans proposed increasing the burden on medicare ben
the key is whether the speaker will be the speaker of the entire house and let the matters come before us where there could be a majority of democrats and perhaps a majority of republicans, but let es speak our will and act on our will. that's really one of the keys. i think if the senate bill or what was in it were brought before the house, keeping the middle-class tax cuts, but not those for the upper income, and making sure the alternative minimum tax did not go into effect -- i think it would pass with a coalition. and i think the same could be true of unemployment insurance. 2 million people will lose their federal benefits tomorrow, if we don't have. 2 million people. >> when we snowe the fiscal cliff was imposed as a stopgap on you and all of your colleagues on the hill, are you disappointed that you've had to see it come down to the wire like this? this is basically a self-designed fiscal nightmare that you and all of your colleagues have created. are you disappointed that we haven't been ability to get it together more? >> absolutely. it shouldn't happen this way, but the republi
this on twitter, most of us agree the chained cpi is off the table in these negotiations. president obama continued to put public pressure on republicans during his appearance on "meet the press" today. >> it is very important for republicans in congress to be willing to say, we understand we're not going to get 100%, we're willing to compromise in a serious way. >> joined by congressman barney frank of massachusetts. it is good to see you, congressman. good evening. >> thank you. >> you're coming -- the senate's coming back at 11:00 tomorrow morning. what are chances there will be something to vote on, do you think? >> i think there are very good chances there will be something to vote on. the question is whether it will be a bipartisan agreement or simply the senate democrats putting a vote and hoping republicans will vote for it. trying to get an agreement is difficult because that gives right wing of the republican party this big veto. a number of republican senators, not just those generally considered to be moderate, have said that they agree that it is important now to keep taxes f
and there were profane words used to the way they comport themselves and as a result these guys were free of any tether to the leadership and so not only were they voting or prepared to vote against boehner this last time around. he pulled the bill so we'll never know. they were flouting him very publicly, in particular you saw tim hills' camp saying we won't be intimidated by the speaker and the republican leadership and there were some tweets, as well. the lesson wasn't learned. if anything, they're moving in the opposite direction. >> are they known for being as what jonathan was saying here, jerks and we are paraphrasing here at the moment based on what was actually said by representative moreland. what are they known for? >> they are known for being true mostly to the tea party, and they are not responsive to the priorities of their own party leadership. they're responsive to their own constituencies and what they're worried about is being challenged by someone who is more conservative than they are and when they would hold this vote as a score on whether to support them or oppose them in t
. to the some mention i don't like guns in our schools. it's a nice political sound bite and they can use an old statement from bill clinton to say this, but i'm not sure it's a practical idea, frankly. >> first of all, when it comes to education, decisions really do need to be handled on a local level. that's how education decisions should be made. but at the same time i do support the idea of consideration putting an armed patrol officer. my sister in atlanta works at a receiving desk, and she's not prepared or trained for dealing with someone coming into the school. i would hate to think of my sister or another teacher have been to stop someone from breaking into their school. so it is something to consider, what we learned from friday and the ensuing conversations, we need to put all options on the table. >> but lapierre is saying don't even skier the clips and some are saying clips should be considered here? >> that certainly will be debated the gun control advocates have been talking about this since the tragedy happened and it's something we will be discussing s. but as we have said we ne
for that perspective for us there in washington, d.c. >> let's bring in our panel to talk more about the politics of this heated debate. jake, start with you. you work on the hill and the question now is is there 60 votes in the senate, there are 218 votes in the house for gun control legislation to get passed? >> i think before you start count being the votes you have to consider whether speaker john boehner will even bring this to the floor. he was asked last week if he supports gun control measures, he said he was very noncommittal, he said he'll look at anything but speaker john boehner and house republicans are not likely to bring this to the floor in the way that president obama wants. they do not boy biand large favor an assault weapons ban but it's absolutely going to be a huge fight going forward. >> it it makes it to the floor? >> i don't think it will make it. i think the house republicans, there are not 218 votes as congress stands right now and if president obama wants to engage congress on this, it will be an uphill battle for him. >> let's listen to chuck schumer responding to wayn
republicans used words like stalemate and nowhere to go describe the current state of play. others within their party are taking it one step further telling americans they should be prepared for the punch. >> i thank the president and tim geithner for re-energizing the republican caucus. >> i think we're going over the cliff. it's pretty clear to me they made a political calculation. >> with both sides looking like they are dig in but cementing in and the calendar page ticking down what does it take to play let's make a deal. >> let's see how big yours is versus mine in the earnings of their plans. >> everybody should just go to sleep, wake up on december 14th when there's about a week to go and then you'll start seeing the serious stuff come up. >> we've all been trying to game this out too. will we be here between christmas and new year's. will members be decorating their offices for 2013? >> okay. let's get started here this monday morning and joining me is congresswoman allison schwartz a member of the house budget committee. greet to have you with me. it was boehner versus geithner
downgrade the u.s. credit rating if congress cannot reach a deal. some lawmakers are angling for the best political outcountry. >> when i listen to the president, i think he's eager to go over the cliff for political purposes. he gets all this additional tax revenue for new programs, gets to cut the military which democrats have been calling for for years, and he gets to blame republicans for it. implts joining me are off and on johnson and cheryl from rollcal. is the president rooting, planning for going over the cliff? >> i don't think so. >> and then let's remember, the president will give a lot of and the he does not want to be known as the president who failed to get the economy roaring again. >> it seems like that amounts to very little. >> and that's exactly the problem. the statement that senator into razzo made yesterday i had been hearing for months. they simply do not believe there's any way out of this where they won't look like the scapegoat. i think they clearly think that if -- if we do go over the cliff, that they will be blamed for it. i've had some privately tell me that
, explain to all of us because it appears the lights are out in washington d.c. the president is in hawaii. everyone is home. with all the sides saying that they expect to go over the cliff, it looks pretty likely that that might just happen. >> well, i certainly think that concern is growing. that that's a real possibility at this point. at the same time, thomas, i think there's still so much pressure on all sides so get something done because as he heard joe lieberman said, the consequences would be huge. the economy could potentially slip back into recession. the white house has described this as a working vacation for president obama, but the reality is that negotiations are largely deadlocked on all sides. there have been a few talks going on at the staff level, but the real bulk of this work is going to get done when lawmakers return to washington later this week after the christmas holiday and resume manageses. that's when we're going to see the focus really shift away from the house and on to the senate. of course, speaker boehner tried to get his plan b, alternative bill through t
continue to tick down, housing would continue to improve. but what's been holding us back is the dysfunction here in washington. and if people start seeing that on january 1st, this problem still hasn't been solved, that we haven't seen the kind of deficit reduction that we could have had, had the republicans been willing to take the deal that i gave them, if they say that people's taxes have gone up, which means consumer spending is going to be depressed, then obviously that's going to have an adverse reaction on the markets. >> what about automatic spending cuts? those take effect january 1st as well. do they have to be part of this deal? you've got half of those cuts in defense alone. >> well, the other part of the fiscal cliff is congress agreed that they would cut an additional $1.2 trillion in spending. they put a committee together to try to come up with those numbers. they didn't figure out how to do it. and so what we now have is a situation where these automatic spending cuts go into place. now if we have raised some revenue by the wealthy paying a little bit mor
on the table? >> you're exactly right. it's not reality. the simple math doesn't add up. i use the analogy, it's like going tos an fast food chain and, there's calories involved in that, you might gain a little bit of weight. >> not if nobody sees you eat it. >> at the end of the day you know what you ate and you're going to gain the weight. the fact of the matter is it's simple arithmetic here. when you take a look at entitlement reform that, is the real driver here to bring down our deficit and to bring fiscal sanity back to washington, d.c. as it relates to medicare, as it relates to social security. that's the real conversation that we as the american people need to have around our kitchen tables. >> an interesting note to point out amid this debt crisis going on, new jersey governor chris christie is at the white house asking for more aid in the aftermath of hurricane sandy. the president is going to ask congress for $50 billion. new jersey and new york will no doubt want a big slice of that but disaster relief is being held hostage by the fiscal cliff. how much pressure does this additio
of us who call the gulf home. >>> from nbc >>> from nbc news in washington, the world's longest-running television program, this is "meet the press" with david gregory. >>> good sunday morning. time is nearly up before we go over the so-called fiscal cliff. senate leaders spent the weekend working on a last-ditch deal, and the house comes back for a rare sunday night session. yesterday afternoon in an exclusive interview, president obama sat down with me in the blue room of the white house to discuss the way forward and his priorities for a second term. >>> mr. president, welcome back to "meet the press." >> great to be here. thank you. >> the obvious question, are we going to go over the fiscal cliff? >> we'll find out in the next 48 hours what congress will decide to do. but i think it's important for the american people to understand exactly what this fiscal cliff is. it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended, and they are all about to expire at the end of the year. so on midnight december 31, if congress do
next? with us nbc news capitol hill correspondent mike vic rah and nbc news white house correspondent kristen welker. mike, let's get started with you. what's happening right now in the senate. i understand there's an update on the chained cpi. >> reporter: they say the darkest hour right before the dawn, melissa. everybody ought to hope that's true, at least if you don't want to see your taxes go up on midnight on monday and tuesday night because everything seems to be at a standstill right now. let's review the bidding. here it is from a republican source here on the republican side of capitol hill. all day yesterday they were trading proposals back and forth. by his count two democratic offers came back to republicans and four came back from republicans to democrats. the last one being at 7:00 last night, and, boom, after that, things pretty much came to a standsti standstill. no offers. republicans say they have not heard from democrats since then. mitch mcconnell, of course, the republican leader here in the senate, has said he has reached out to joe biden, the vice president, an
Search Results 0 to 14 of about 15 (some duplicates have been removed)